At the time of writing, Stratasys Ltd [SSYS] stock is trading at $11.31, up 21.48%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SSYS shares have gain 15.64% over the last week, with a monthly amount glided 27.22%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Stratasys Ltd [NASDAQ: SSYS] stock has seen the most recent analyst activity on February 13, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $24. Previously, Needham upgraded its rating to Buy on January 04, 2023, and kept the price target unchanged to $15. On November 08, 2022, upgrade upgraded it’s rating to Mkt Perform. Credit Suisse started tracking the stock assigning a Outperform rating and suggested a price target of $24 on August 17, 2022. JP Morgan upgraded its rating to a Neutral and reduced its price target to $23 on May 17, 2022. JP Morgan downgraded its rating to Underweight for this stock on November 04, 2021. In a note dated October 25, 2021, Craig Hallum upgraded an Buy rating on this stock and boosted its target price from $27 to $42.
For the past year, the stock price of Stratasys Ltd fluctuated between $6.05 and $13.98. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Stratasys Ltd [NASDAQ: SSYS] shares were valued at $11.31 at the most recent close of the market. An investor can expect a potential drop of -2.74% based on the average SSYS price forecast.
Analyzing the SSYS fundamentals
According to Stratasys Ltd [NASDAQ:SSYS], the company’s sales were 578.44M for trailing twelve months, which represents an -13.65% plunge. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.11 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.72 points at the first support level, and at 10.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.65, and for the 2nd resistance point, it is at 12.00.
Ratios To Look Out For
It is important to note that Stratasys Ltd [NASDAQ:SSYS] has a current ratio of 3.07. In addition, the Quick Ratio stands at 1.91 and the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 1.38, the price to book ratio is 0.97.
